Onex Corp (ONEX) — Working Capital to Net Assets Ratio
Onex Corp (ONEX) has a Working Capital to Net Assets ratio of 44.6% as of December 2025. Working capital of CA$3.91 Billion (current assets of CA$3.92 Billion minus current liabilities of CA$10.98 Million) is measured against net assets of CA$8.77 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Onex Corp to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Onex Corp Working Capital to Net Assets (1994–2025)
This chart shows how Onex Corp's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1994 to 2025. As of December 2025, the ratio stands at 44.6%, reflecting working capital of CA$3.91 Billion against net assets of CA$8.77 Billion CAD. See how many days can Onex Corp fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Onex Corp (1994–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Onex Corp from 1994 to 2025, covering 32 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Onex Corp (ONEX) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 44.6% | CA$3.91 Billion | CA$8.77 Billion | CA$3.92 Billion | CA$10.98 Million | ▼ -30.3 pp |
| 2024 | 75.0% | CA$6.31 Billion | CA$8.42 Billion | CA$6.63 Billion | CA$324.00 Million | ▲ +22.5 pp |
| 2023 | 52.4% | CA$4.49 Billion | CA$8.56 Billion | CA$4.84 Billion | CA$350.00 Million | ▲ +4.9 pp |
| 2022 | 47.6% | CA$3.92 Billion | CA$8.25 Billion | CA$4.21 Billion | CA$287.00 Million | ▼ -3.8 pp |
| 2021 | 51.3% | CA$4.30 Billion | CA$8.37 Billion | CA$4.93 Billion | CA$634.00 Million | ▲ +42.0 pp |
| 2020 | 9.3% | CA$675.00 Million | CA$7.24 Billion | CA$967.00 Million | CA$292.00 Million | ▼ -4.7 pp |
| 2019 | 14.0% | CA$980.00 Million | CA$6.98 Billion | CA$1.32 Billion | CA$340.00 Million | ▼ -31.9 pp |
| 2018 | 45.9% | CA$2.59 Billion | CA$5.64 Billion | CA$10.87 Billion | CA$8.28 Billion | ▼ -30.0 pp |
| 2017 | 76.0% | CA$3.83 Billion | CA$5.04 Billion | CA$10.32 Billion | CA$6.49 Billion | ▼ -193.4 pp |
| 2016 | 269.4% | CA$3.64 Billion | CA$1.35 Billion | CA$10.31 Billion | CA$6.67 Billion | ▲ +21.6 pp |
| 2015 | 247.7% | CA$2.95 Billion | CA$1.19 Billion | CA$9.68 Billion | CA$6.73 Billion | ▲ +55.5 pp |
| 2014 | 192.2% | CA$4.80 Billion | CA$2.50 Billion | CA$10.35 Billion | CA$5.54 Billion | ▲ +85.4 pp |
| 2013 | 106.8% | CA$4.64 Billion | CA$4.34 Billion | CA$12.93 Billion | CA$8.29 Billion | ▲ +9.2 pp |
| 2012 | 97.6% | CA$5.32 Billion | CA$5.45 Billion | CA$13.21 Billion | CA$7.89 Billion | ▲ +7.1 pp |
| 2011 | 90.5% | CA$5.10 Billion | CA$5.64 Billion | CA$12.05 Billion | CA$6.95 Billion | ▼ -35.2 pp |
| 2010 | 125.7% | CA$5.14 Billion | CA$4.09 Billion | CA$12.14 Billion | CA$7.00 Billion | ▲ +67.2 pp |
| 2009 | 58.5% | CA$4.48 Billion | CA$7.67 Billion | CA$10.86 Billion | CA$6.38 Billion | ▼ -1.2 pp |
| 2008 | 59.6% | CA$4.01 Billion | CA$6.72 Billion | CA$10.64 Billion | CA$6.63 Billion | ▲ +9.0 pp |
| 2007 | 50.6% | CA$4.01 Billion | CA$7.93 Billion | CA$10.84 Billion | CA$6.83 Billion | ▼ -17.3 pp |
| 2006 | 67.9% | CA$3.73 Billion | CA$5.50 Billion | CA$9.30 Billion | CA$5.56 Billion | ▼ -8.3 pp |
| 2005 | 76.2% | CA$3.10 Billion | CA$4.06 Billion | CA$6.68 Billion | CA$3.59 Billion | ▼ -26.2 pp |
| 2004 | 102.5% | CA$3.08 Billion | CA$3.01 Billion | CA$5.85 Billion | CA$2.77 Billion | ▲ +33.5 pp |
| 2003 | 68.9% | CA$2.43 Billion | CA$3.53 Billion | CA$5.33 Billion | CA$2.90 Billion | ▲ +13.4 pp |
| 2002 | 55.5% | CA$2.73 Billion | CA$4.91 Billion | CA$5.91 Billion | CA$3.19 Billion | ▲ +2.8 pp |
| 2001 | 52.7% | CA$3.30 Billion | CA$6.26 Billion | CA$6.30 Billion | CA$3.00 Billion | ▼ -6.6 pp |
| 2000 | 59.3% | CA$2.81 Billion | CA$4.74 Billion | CA$6.70 Billion | CA$3.90 Billion | ▲ +12.2 pp |
| 1999 | 47.1% | CA$1.33 Billion | CA$2.82 Billion | CA$3.62 Billion | CA$2.29 Billion | ▲ +9.9 pp |
| 1998 | 37.2% | CA$588.16 Million | CA$1.58 Billion | CA$1.95 Billion | CA$1.36 Billion | ▼ -36.1 pp |
| 1997 | 73.3% | CA$779.45 Million | CA$1.06 Billion | CA$2.03 Billion | CA$1.25 Billion | ▲ +30.4 pp |
| 1996 | 42.9% | CA$337.57 Million | CA$786.70 Million | CA$1.18 Billion | CA$844.42 Million | ▼ -6.1 pp |
| 1995 | 49.0% | CA$319.60 Million | CA$652.54 Million | CA$962.31 Million | CA$642.72 Million | ▲ +19.4 pp |
| 1994 | 29.6% | CA$167.38 Million | CA$566.27 Million | CA$500.21 Million | CA$332.83 Million | — |